ACCRUED LIABILITIES

6 Months Ended

Jun. 30, 2015

ACCRUED LIABILITIES

ACCRUED LIABILITIES

Accrued liabilities were comprised of the following:

DOLLAR AMOUNTS IN MILLIONS	JUNE 30, 2015		DECEMBER 31, 2014
Wages, salaries and severance pay	$	118	$	161
Pension and other postretirement benefits	47		47
Vacation pay	47		47
Taxes – Social Security and real and personal property	34		24
Interest	103		105
Customer rebates and volume discounts	39		46
Deferred income	82		75
Other	106		82
Total	$	576	$	587